The journey of TFESSD is the journey of the Millennium Development Goal era, setting the stage for a new focus on sustainable development. In 1999, the Government of Norway established an umbrella trust fund to consolidate its various thematic investments... 更多显示The journey of TFESSD is the journey of the Millennium Development Goal era, setting the stage for a new focus on sustainable development. In 1999, the Government of Norway established an umbrella trust fund to consolidate its various thematic investments across the World Bank and strengthen the emphasis of sustainability in development. In particular, Norway was interested in linking environment more closely with social development and poverty. In 2002 Finland joined the fund, and the Trust Fund for Environmental and Socially Sustainable Development (TFESSD) as we know it was born. Seventeen years later, TFESSD has closed down, with a portfolio of 531 projects worth over US$145 million. Looking back, TFESSD’s journey has followed that of the Millennium Development Goal (MDG) era. TFESSD financed cutting-edge social and environmental projects, such as climate change analysis, social protection, community-driven development, and poverty impact analysis. It was a trailblazer in many areas, including knowledge, partnerships, and inclusive development. For some time, TFESSD was the only World Bank unit providing funding for analysis on disability in development. Today, as the development world embarks on a new set of goals, the Sustainable Development Goals (SDGs), it is clear that many of TFESSD’s activities have helped lay a strong foundation at the World Bank to deliver on the SDGs. Many of the emerging issues that TFESSD funded have taken on new prominence at the Bank, such as climate change adaptation, social protection, poverty impact evaluations, and community-driven development. Donors are also exploring options for further funding. This report looks back at TFESSD’s impact over the years. With more than 530 projects, it is impossible to cover them all. Rather, this report highlights key projects that give a snapshot of the trust fund’s accomplishments over the years by window and lessons learned.
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